Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Electric heating manufacturing company, Glen Dimplex, is to cut 100 jobs in the Republic of Ireland over the next two years. The redundancies will begin from August 2024 onwards.
The company will also cut 200 jobs in Northern Ireland. The job cuts are part of a process whereby Glen Dimplex is moving some of its manufacturing business to Lithuania and China. The manufacturing of flame products will move from Dunleer in County Louth to China. The company has begun a staff consultation process.
Glen Dimplex currently employs over 8,000 people globally and 400 people in the Republic of Ireland. The current global restructuring event has been recorded in the ERM events database Glen Dimplex-2024-IE.
Eurofound (2024), Glen Dimplex, Offshoring/Delocalisation in Ireland, factsheet number 200837, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200837.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
